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-0.00164239974902666 0.00758456513314513 -0.000848880769159781 0.0116444296813005 0.0158888335270996 0.013120744062448 0.0206868552658288 0.0343427632914429
Stock impact report

Why Recursion Pharmaceuticals Stock Is Skyrocketing Today [Yahoo! Finance]

Recursion Pharmaceuticals, Inc. - Class A (RXRX) 
Company Research Source: Yahoo! Finance
Food and Drug Administration (FDA) announced on Thursday that it plans to replace the use of animals in testing drugs with "more effective, human-relevant methods," including artificial intelligence (AI) models. Recursion uses AI in its drug discovery and development processes. The company built one of the largest datasets in the biopharmaceutical industry with over 60 petabytes of data. The FDA will initially focus on monoclonal antibodies with its initiative to replace animal testing and later expand to other types of drugs. How will the agency's move impact Recursion? It's too soon to know for sure. However, it's possible that other drugmakers could be more interested in teaming up with Recursion with the FDA promoting the use of AI models in drug development. Recursion already partners with four big pharmaceutical companies: Bayer Merck KGaA Roche 's Genentech unit, and Sanofi Recursion Pharmaceuticals stock isn't a good fit for risk-averse investors. The company remains u Show less Read more
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